Cabot referral to solicitor in 1m

[Roger]

write a diary such as:-
Type of account -
Date commenced -
Approx balance -
Date last paid -
Are you on arrangement or not paying -
Account owner -

update events as happens, meantime Hello! as you state await next move by them then update diary only send CCA etc if told to on here as timings are relevant.

Take a look around the site and get the feel how things are done on here.

".. I have An old virgin credit card debt which has been bought by cabot. It will be time barred in August (5 years in Scotland) .."

There is a recent Court Case fought in Scotland where the five year rule was judged NOT to apply!
It would really be helpful if you could provide Diary Details as per The Tech Clerk requested.
Of especially importance is which Cabot Company was actually assigned the Debt

[Yellow33]

Thank you for your input, I really appreciate it. I just need to not stress and hope by the time they get to me it will be statute barred. I will keep you posted!

[Timewilltell]

I always thought that Cabot never give up, however once they know they are defeated they only send the usual begging letters.

[julian]

They don't give up.
They use Mortimer Clarke who are in house and occasionally some firm to doorstep you.
Wait patiently until they start sending letters before action.

[The Tech Clerk]

write a diary such as:-
Type of account -
Date commenced -
Approx balance -
Date last paid -
Are you on arrangement or not paying -
Account owner -

update events as happens, meantime Hello! as you state await next move by them then update diary only send CCA etc if told to on here as timings are relevant.

Take a look around the site and get the feel how things are done on here.

[Yellow33]

Hi, I hope someone can assist me with some advice.

I have An old virgin credit card debt which has been bought by cabot. It will be time barred in August (5 years in Scotland). I am wondering what to do? How likley is it that cabot will pass to a solicitor. My intention is to wait until I get a solicitor letter then request details of the credit agreement etc in the hope that they are missing some information or they rake so long I then goes over the 5 years.

Any advice would be appreciated